Top Argentina Imports 2024 Q1: Market Shift

Argentina Import Portfolio Overview in 2024 Q1

• Capital goods dominate, with machinery (HS 84, 17.2%) and vehicles (HS 87, 13.9%) leading imports.
• High concentration risk: top three sectors (machinery, vehicles, electrical equipment) account for over 40% of total import value.
• This structure reflects Argentina’s heavy reliance on imported industrial inputs to sustain domestic production and infrastructure.

Table: Argentina Top Import Product in 2024 Q1 (Source: yTrade)

Get Complete Argentina Import HS Code Breakdown

Import Key Driver: Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

• Dominated by parts for engines (HS 8408, $148.5M) and automatic data processing machines (HS 8471, $139.4M).
• Product type: Primarily intermediate and capital goods, not raw materials.
• Insight: Argentina depends on machinery imports to support its industrial and agricultural sectors, lacking full domestic capacity for high-value manufacturing.

Table: HS Code 84 Detailed Breakdown

Get Complete Argentina Import HS Code Breakdown

Import Key Driver: Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof

• Driven overwhelmingly by parts and accessories (HS 8708, $771.3M), accounting for 42.6% of the sector.
• Acts as a complement to machinery imports, supplying critical components for Argentina’s automotive assembly and maintenance industries.
• Strategic importance: Sustains local vehicle production and repair networks, reducing downtime for key economic sectors like agriculture and logistics.

Table: HS Code 87 Detailed Breakdown

Get Complete Argentina Import HS Code Breakdown

Import Key Driver: Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

• Led by telephone sets and other communication devices (HS 8517, $226.9M), representing 18.1% of the sector.
• Role: Supports modernization of Argentina’s telecommunications and energy infrastructure, indicating growth in tech adoption amid economic constraints.
• Stable yet emerging: Consistent import levels signal persistent demand, though value remains below core machinery and vehicle sectors.

Table: HS Code 85 Detailed Breakdown

Access Argentina Complete Import Profile

Frequently Asked Questions

What is Argentina's largest import commodity in 2024 Q1?

The largest import category is Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS 84), valued at $2.24B. This sector is primarily driven by imports of Diesel engines (HS 8408), accounting for 6.62% of the total value.

Which specific Nuclear Reactors and Machinery products does Argentina import most in 2024 Q1?

Within the HS 84 sector, the top imports are Diesel engines (HS 8408, $148.50M), Automatic data processing machines (HS 8471, $139.43M), and Valves for pipes, boilers, etc. (HS 8481, $137.09M), which together account for 18.95% of the sector’s total imports.

Does Argentina import Vehicles and Parts in 2024 Q1?

Yes, Vehicles other than railway or tramway rolling stock (HS 87) is Argentina’s second-largest import sector, valued at $1.81B. The primary driver is Parts and accessories for vehicles (HS 8708), making up 42.61% of the sector’s imports.

What are the main industries driving Argentina's economy?

Argentina’s import economy is heavily reliant on machinery (HS 84, $2.24B), vehicles (HS 87, $1.81B), and electrical machinery (HS 85, $1.25B). Together, these three sectors account for 40.61% of total imports.

How to find Argentina Machinery (HS 84) buyers?

You can access a list of active overseas buyers and importers for Machinery (HS 84) using the yTrade database, which provides detailed shipment records and company contacts.